ADTRAN Company Profile (NASDAQ:ADTN)

About ADTRAN (NASDAQ:ADTN)

ADTRAN logoADTRAN, Inc. (ADTRAN) is a provider of networking and communications equipment. The Company's solutions enable voice, data, video and Internet communications across a range of network infrastructures. It operates through two segments: Network Solutions and Services & Support. Network Solutions includes software and hardware products that enable CSPs and enterprise customers to realize a fully connected world. It provides a full-range of network implementation, maintenance and managed services. Its solutions include Access & Aggregation, Customer Devices, and Traditional & Other Products. Its Access & Aggregation solutions are used by communications service providers (CSPs) to connect their network infrastructure to their subscribers. The portfolio of ADTRAN solutions within Access & Aggregation category includes a range of modular or fixed physical form factors designed to deliver the technology and economic fit based on the target subscriber density and environmental conditions.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Communications & Networking
  • Sub-Industry: Communications Equipment
  • Symbol: NASDAQ:ADTN
  • CUSIP: 00738A10
  • Web: www.adtran.com
Capitalization:
  • Market Cap: $1.04919 billion
  • Outstanding Shares: 47,869,000
Average Prices:
  • 50 Day Moving Avg: $23.08
  • 200 Day Moving Avg: $21.37
  • 52 Week Range: $17.55 - $25.10
P/E:
  • Trailing P/E Ratio: 24.94
  • Foreward P/E Ratio: 23.35
  • P/E Growth: 10.67
Sales & Book Value:
  • Annual Revenue: $703.05 million
  • Price / Sales: 1.49
  • Book Value: $10.53 per share
  • Price / Book: 2.08
Dividend:
  • Annual Dividend: $0.36
  • Dividend Yield: 1.6%
Profitability:
  • EBITDA: $62.25 million
  • Net Margins: 6.05%
  • Return on Equity: 9.05%
  • Return on Assets: 6.54%
Debt:
  • Debt-to-Equity Ratio: 0.05%
  • Current Ratio: 3.36%
  • Quick Ratio: 2.10%
Misc:
  • Average Volume: 331,402 shs.
  • Beta: 0.75
  • Short Ratio: 1.68
 

Frequently Asked Questions for ADTRAN (NASDAQ:ADTN)

What is ADTRAN's stock symbol?

ADTRAN trades on the NASDAQ under the ticker symbol "ADTN."

How often does ADTRAN pay dividends? What is the dividend yield for ADTRAN?

ADTRAN announced a quarterly dividend on Tuesday, October 17th. Investors of record on Wednesday, November 1st will be paid a dividend of $0.09 per share on Wednesday, November 15th. This represents a $0.36 annualized dividend and a yield of 1.64%. The ex-dividend date is Tuesday, October 31st. View ADTRAN's Dividend History.

How were ADTRAN's earnings last quarter?

ADTRAN, Inc. (NASDAQ:ADTN) issued its quarterly earnings results on Tuesday, October, 17th. The company reported $0.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.24 by $0.13. The company earned $185.11 million during the quarter, compared to analysts' expectations of $185.43 million. ADTRAN had a net margin of 6.05% and a return on equity of 9.05%. View ADTRAN's Earnings History.

When will ADTRAN make its next earnings announcement?

ADTRAN is scheduled to release their next quarterly earnings announcement on Monday, January, 15th 2018. View Earnings Estimates for ADTRAN.

Where is ADTRAN's stock going? Where will ADTRAN's stock price be in 2017?

6 brokerages have issued twelve-month price targets for ADTRAN's shares. Their predictions range from $18.00 to $28.00. On average, they anticipate ADTRAN's share price to reach $24.00 in the next year. View Analyst Ratings for ADTRAN.

What are analysts saying about ADTRAN stock?

Here are some recent quotes from research analysts about ADTRAN stock:

  • 1. According to Zacks Investment Research, "Shares of ADTRAN have outperformed the industry over the last six months. Ushering in further good news, the company reported better-than-expected earnings per share in the third quarter of 2017.  The bottom line also increased on a year-over-year basis. Total revenues climbed 9.6% year over year on the back of strong growth displayed by the company's Network Solutions portfolio. ADTRAN’s efforts to reward shareholders also raise optimism in the stock. Meanwhile, the company continues to impress with its lucrative product offering and solutions, which are some of the best in the industry. The company's efforts to expand internationally are also encouraging. However, continuous increase in costs is concerning and has the potential to hurt results in the near term." (10/20/2017)
  • 2. Jefferies Group LLC analysts commented, "We're still on the sidelines with respect to the stock. We believe that current valuations already build in an appropriate view of the improving business trends at ADTRAN." (1/19/2017)

Who are some of ADTRAN's key competitors?

Who are ADTRAN's key executives?

ADTRAN's management team includes the folowing people:

  • Thomas R. Stanton, Chairman of the Board, Chief Executive Officer
  • Roger D. Shannon, Chief Financial Officer, Senior Vice President - Finance, Treasurer, Corporate Secretary
  • Charles E. Marsh, Senior Vice President - Global Sales
  • Michael K. Foliano, Senior Vice President - Global Operations
  • Kevin P. Heering, Senior Vice President - Quality and Administration
  • Raymond R. Schansman, Senior Vice President - Global Services and Support
  • Eduard Scheiterer, Senior Vice President - Engineering and Development
  • James Denson Wilson Jr., Senior Vice President - Technology and Strategy
  • Gregory James McCray, Director
  • Anthony J. Melone, Director

How do I buy ADTRAN stock?

Shares of ADTRAN can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is ADTRAN's stock price today?

One share of ADTRAN stock can currently be purchased for approximately $21.95.


MarketBeat Community Rating for ADTRAN (NASDAQ ADTN)
Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  226 (Vote Outperform)
Underperform Votes:  379 (Vote Underperform)
Total Votes:  605
MarketBeat's community ratings are surveys of what our community members think about ADTRAN and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for ADTRAN (NASDAQ:ADTN) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Hold Ratings, 4 Buy Ratings
Consensus Rating:Buy (Score: 2.67)
Consensus Price Target: $24.00 (9.34% upside)
Consensus Price Target History for ADTRAN (NASDAQ:ADTN)
Price Target History for ADTRAN (NASDAQ:ADTN)
Analysts' Ratings History for ADTRAN (NASDAQ:ADTN)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/18/2017Northland SecuritiesSet Price TargetBuy$28.00N/AView Rating Details
8/10/2017Needham & Company LLCBoost Price TargetBuy -> Buy$25.00 -> $26.00MediumView Rating Details
7/22/2017Cowen and CompanyReiterated RatingMarket Perform$16.00 -> $18.00LowView Rating Details
4/24/2017MKM PartnersReiterated RatingBuy$27.50 -> $26.50LowView Rating Details
4/20/2017ArgusUpgradeHold -> Buy$25.00LowView Rating Details
1/19/2017Jefferies Group LLCBoost Price TargetHold$17.50 -> $20.50N/AView Rating Details
4/18/2016Goldman Sachs Group, Inc. (The)DowngradeNeutral -> Sell$18.00 -> $17.00N/AView Rating Details
4/14/2016Stifel NicolausBoost Price TargetBuy$21.00 -> $25.00N/AView Rating Details
1/15/2016Drexel HamiltonUpgradeHold -> Buy$22.00N/AView Rating Details
12/17/2015J P Morgan Chase & CoUpgradeNeutral -> Overweight$22.50N/AView Rating Details
(Data available from 10/23/2015 forward)

Earnings

Earnings History for ADTRAN (NASDAQ:ADTN)
Earnings by Quarter for ADTRAN (NASDAQ:ADTN)
Earnings History by Quarter for ADTRAN (NASDAQ ADTN)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
1/15/2018N/AView Earnings Details
10/17/2017Q3 2017$0.24$0.37$185.43 million$185.11 millionViewN/AView Earnings Details
7/18/20176/30/2017$0.19$0.30$183.05 million$184.67 millionViewN/AView Earnings Details
4/18/20173/31/2017$0.12$0.18$167.87 million$170.28 millionViewN/AView Earnings Details
1/17/2017Q416$0.11$0.21$152.03 million$162.99 millionViewListenView Earnings Details
10/18/2016Q316$0.21$0.26$162.41 million$168.89 millionViewListenView Earnings Details
10/13/2015Q315$0.14$0.16$160.66 million$158.08 millionViewListenView Earnings Details
7/14/2015Q215$0.07$0.08$157.77 million$160.14 millionViewListenView Earnings Details
4/21/2015Q115$0.08$0.07$149.96 million$142.84 millionViewListenView Earnings Details
1/20/2015Q414$0.07$0.15$141.62 million$143.98 millionViewN/AView Earnings Details
10/14/2014Q314$0.20$0.22$168.53 million$162.89 millionViewListenView Earnings Details
7/15/2014Q214$0.25$0.27$175.68 million$176.10 millionViewListenView Earnings Details
4/15/2014Q114$0.16$0.18$149.36 million$147.00 millionViewListenView Earnings Details
1/22/2014Q413$0.14$0.25$159.36 million$159.10 millionViewListenView Earnings Details
10/9/2013Q313$0.22$0.28$175.10 million$177.40 millionViewListenView Earnings Details
7/9/2013Q2 2013$0.16$0.17$154.16 million$162.23 millionViewListenView Earnings Details
1/15/2013Q4 2012$0.06$0.11$139.79 million$139.76 millionViewListenView Earnings Details
4/13/2011$0.46$0.52ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for ADTRAN (NASDAQ:ADTN)
2017 EPS Consensus Estimate: $0.75
2018 EPS Consensus Estimate: $0.93
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.12$0.12$0.12
Q2 20171$0.24$0.24$0.24
Q3 20171$0.26$0.26$0.26
Q4 20171$0.13$0.13$0.13
Q1 20181$0.14$0.14$0.14
Q2 20181$0.27$0.27$0.27
Q3 20181$0.31$0.31$0.31
Q4 20181$0.21$0.21$0.21
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for ADTRAN (NASDAQ:ADTN)
Next Dividend:11/15/2017
Annual Dividend:$0.36
Dividend Yield:1.64%
Payout Ratio:40.45% (Trailing 12 Months of Earnings)
40.91% (Based on This Year's Estimates)
38.30% (Based on Next Year's Estimates)
Dividend Payments by Quarter for ADTRAN (NASDAQ:ADTN)

Dividend History by Quarter for ADTRAN (NASDAQ ADTN)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
10/17/2017quarterly$0.091.61%10/31/201711/1/201711/15/2017
7/18/2017quarterly$0.091.5%8/1/20178/3/20178/17/2017
4/18/2017quarterly$0.091.82%5/2/20175/4/20175/18/2017
1/17/2017quarterly$0.091.59%1/31/20172/2/20172/16/2017
10/18/2016quarterly$0.091.8%11/1/201611/3/201611/17/2016
7/12/2016quarterly$0.091.88%7/26/20167/28/20168/11/2016
4/12/2016quarterly$0.091.82%4/26/20164/28/20165/12/2016
1/19/2016quarterly$0.091.9%2/2/20162/4/20162/18/2016
10/13/2015quarterly$0.092.47%10/27/201510/29/201511/12/2015
7/14/2015quarterly$0.092.18%7/28/20157/30/20158/13/2015
4/21/2015quarterly$0.092.25%5/5/20155/7/20155/21/2015
1/20/2015quarterly$0.091.61%2/3/20152/5/20152/19/2015
10/14/2014quarterly$0.091.86%10/28/201410/30/201411/13/2014
7/15/2014quarterly$0.091.61%7/29/20147/31/20148/14/2014
4/15/2014quarterly$0.091.6%4/29/20145/1/20145/15/2014
1/22/2014quarterly$0.091.38%2/4/20142/6/20142/20/2014
10/8/2013quarterly$0.091.44%10/22/201310/24/201311/7/2013
7/9/2013quarterly$0.091.5%7/23/20137/25/20138/8/2013
4/9/2013quarterly$0.091.58%4/23/20134/25/20135/9/2013
1/15/2013quarterly$0.091.7%2/5/20132/7/20132/21/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for ADTRAN (NASDAQ:ADTN)
Insider Ownership Percentage: 2.96%
Institutional Ownership Percentage: 89.47%
Insider Trades by Quarter for ADTRAN (NASDAQ:ADTN)
Institutional Ownership by Quarter for ADTRAN (NASDAQ:ADTN)
Insider Trades by Quarter for ADTRAN (NASDAQ:ADTN)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
7/25/2017Michael FolianoSVPSell24,000$23.77$570,480.00View SEC Filing  
7/24/2017Michael FolianoSVPSell322$23.70$7,631.40View SEC Filing  
4/28/2015Thomas R StantonCEOBuy31,200$16.05$500,760.00View SEC Filing  
4/24/2015James E MatthewsDirectorSell23,000$16.03$368,690.00View SEC Filing  
8/29/2014Kevin P HeeringSVPSell5,650$23.10$130,515.00View SEC Filing  
7/21/2014Robert A FredricksonVPSell2,577$22.07$56,874.39View SEC Filing  
7/16/2013Robert A FredricksonVPSell3,750$25.35$95,062.50View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for ADTRAN (NASDAQ:ADTN)
Latest Headlines for ADTRAN (NASDAQ:ADTN)
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Chart

ADTRAN (ADTN) Chart for Monday, October, 23, 2017

This page was last updated on 10/23/2017 by MarketBeat.com Staff

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